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5.l) Staff Report-Authorize Staff to Issue RFP for Auditing Services c, � . � � � ,-� --� �, � ..�_. � ,, �CANDIA Staff Report Date of Meeting: July 16, 2013 To: City Council From: Kristina Handt, Administrator Re: Authorize Staff to Issue RFP for Auditing Services Agenda Item #: 5.1) Bacicground: Larson Allen has served as the city auditor since 2007. Last year Larson Allen merged with Clifton Gunderson and now operates under the name Clifton Larson Allen. The City last issued an RFP for auditing services in 201 l. Although, Larson Allen was the third most expensive proposal, staff felt the continuity was important and recommended the Council remain with that firm. Since that time the auditing firm has provided new staffto complete the City's annual financial audits. Issue: Should the City seek proposals for auditing services from a new firm? Proposal Details: Staff would use the same RFP issued in 2011(which was based on a model from GFOA and examples obtained from other cities)and solicit proposals from the following firms: Smith Schafer, Baker Tilly, KDV,Abdo Eick& Meyer, and Schlenner Wenner&Co. These firms provided proposals last time and were the lowest cost proposers who met the requirements in the RFP. The RFP would be issued in August,proposals due in September, and Council approval could occur in October or November. Fiscal Impact: None at this time Options: 1) Authorize staff issue an RFP for auditing services as described 2) Make changes to proposal to issue an RFP for auditing services 3) Do not seek RFPs for auditing services Recommendation: Option 1.